The Short Report – Feb. 9, 2022: Quebec gets Canada’s first universal quantum computer, Canadian cleantech companies receive more than $52 million in SDTC funding, Ocean Supercluster announces largest project to date, public servants learn about AI, new VP of research programs at CIHR, and more.
Organization: OMERS Ventures
Six-week program launches to educate corporate directors on digital economy
A new program launched by the Council of Canadian Innovators will train corporate directors on governance issues faced by fast-growing technology companies.
The Short Report – June 16, 2021: Major science bill passes US Senate, Canada’s tri-agencies launch research data management policy, and more
A massive science bill in the US could double the National Science Foundation’s budget over the next five years; Canada’s federal funding agencies prioritize research data management with a new policy, Agriculture and Agri-Food Canada launches a new $165.7-million clean tech program, and more.
The Short Report – September 16th, 2020: Investing in tidal power; new CERC appointment in AI; better fertilizer management to reduce GHG’s
Carleton University and the First Nation of Na-Cho Nyak Dun (NND) have signed a 7-year MOU; Dr. Bartha Knoppers (PhD) won the 2020 Till & McCulloch Award; CANARIE selected four successful projects from its recent Research Data Management funding call; Ottawa is investing $9.4 million in tidal power in Atlantic Canada.
The Short Report, September 9, 2020: Global Affairs wants Canadian tech companies to join its Fall VC Dealbook, Xanadu launches quantum in the cloud, and more
Global Affairs Canada is accepting submissions from Canadian software companies for its Fall 2020 Venture Capital Dealbook; The Canada Revenue Agency has extended reporting deadlines for SR&ED; the Toronto-Waterloo Innovation Corridor partners with Silicon Valley; and more.
The Short Report – July 29, 2020: Facebook Canada moves against online hate, Alberta rediscovers R&D grants, and more
FedDev Ontario will give $4.8 million to Trent University to create the Trent Enterprise Centre (TEC) in its upcoming Cleantech Commons; less than a year after slashing R&D tax credits and grants, Alberta’s United Conservative Party government has reversed course; Gerald Butts helps Eurasia Group with global climate policy, sustainable finance, and artificial intelligence; and more.
The Short Report, May 13, 2020: Public trust in science rising; new COVID-19 advisory councils created; OneEleven ceases operations; and more
COVID-19 NEWS Canadians’ trust in doctors, scientists and the government has increased since the cornovirus pandemic began, finds public opinion polls from January and repeated on May 1 and May 2. Conducted by Proof Strategies CanTrust Index of Ottawa, the survey found that 76% of Canadians trusted doctors and 70% trusted scientists. The follow up…
OMERS Ventures hires veteran investor Michael Yang to open Silicon Valley office
OMERS Ventures, the venture capital investment arm of OMERS, hired veteran investor Michael Yang as a managing partner. Yang will open a new office in Silicon Valley, where he will lead U.S. operations for the firm. Yang was a managing director at Comcast Ventures since 2008, where he focused on e-commerce and emerging technologies. He…
John Ruffolo
Venture capital investor John Ruffolo is leaving OMERS Ventures, a fund he founded in 2011 as an arm of the Ontario Municipal Employees Retirement System pension plan. During his tenure as CEO, Ruffolo led the fund to invest in several of Canada’s most successful tech startups in recent years, including Hootsuite and Shopify, and grew…
$400M to stimulate VC market to support Canadian scale-ups
The Feds on Monday announced details of a new initiative to diversify the venture capital market is it incents the sector to boost its investments in more Canadian companies.